Title 25 — Indians
Chapter 4 — Performance by United States of Obligations to Indians
§ 158. Investment of proceeds of lands
Statutory text
The Secretary of the Interior shall invest in a manner which shall be in his judgment most safe and beneficial for the fund, all moneys that may be received under treaties containing stipulations for the payment to the Indians, annually, of interest upon the proceeds of the lands ceded by them; and he shall make no investment of such moneys, or of any portion, at a lower rate of interest than 5 per centum per annum.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
(R.S. § 2096.)
Enacted · 25 U.S.C. § 158
(R.S. § 2096.)
Unresolved: No Public Law or Statutes at Large citation in the Code source.
Source evidence
Code source credit
(R.S. § 2096.)
0 of 1 references resolved to an enrolled provision · 1 unresolved
Editorial Notes
Codification
R.S. § 2096 derived from act Jan. 9, 1837, ch. 1, § 4, 5 Stat. 135.
Executive Documents
Transfer of Functions
For transfer of functions of other officers, employees, and agencies of Department of the Interior, with certain exceptions, to Secretary of the Interior, with power to delegate, see Reorg. Plan No. 3 of 1950, §§ 1, 2, eff. , 15 F.R. 3174, 64 Stat. 1262, set out in the Appendix to Title 5, Government Organization and Employees.
Credits
(R.S. § 2096.)